This is the news that moved DAFX: US-based Dafoe Corp has signed a letter of intent to acquire 100 percent of Dubai-based Radio-Frequency Identification (RFID) and digital security solutions provider, Agkha Intelli-Tec. The acquisition is planned to be in exchange for a 59 percent stake in Dafoe Corp. Closing of the transaction is subject to certain conditions, including the execution of a delivery of definitive transaction documents, and completion of due diligence by Dafoe Corp. Closing is expected to occur during the third quarter of 2010.

Innocent Inc. (“Innocent” or the “Company”) (OTCBB:INCT)) is a gold mining company focused in Ecuador, announced pm August 26, that Global Finishing Ecuador (GFE) has acquired the currently producing Murciealagos Vizcaya and Lilly Rai mining concessions, located in Ecuador’s El Oro Province. Innocent Inc. is the majority owner of GFE via its acquisition of 51% of Global Finishing Inc.

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